Wells Fargo, Option One, American Home Mortgage Relationship
Wells Fargo Bank, N.A. appears in many ways including as servicer (America Servicing Company), Trustee (although it does not appear to be qualified as a “Trust Company”), as claimed beneficiary, as...
View ArticleFive Reasons You Need to Avoid the Luminate a LivingFibber Securitization...
This lumin-what? securitization analysis being sold out there on some well-known sites is to be avoided in my opinion. Do your own due diligence but here’s a couple cents from me… someone who actually...
View ArticleThe Art & Science of Robosigning in the Post Scandal Era (New & Improved...
The Art & Science of Robosigning in the Post Scandal Era (New & Improved Document Fabrication) Remember Fraudclosure is the natural, inevitable, and unavoidable outcome following massive...
View ArticleBevilacqua v. Rodriguez Upheld | Buyer Can’t Sue After Bad Foreclosure Sale...
Buyer Can’t Sue After Bad Foreclosure Sale A Massachusetts man who bought property in a faulty foreclosure sale isn’t the true owner and so doesn’t have the right to sue over it, the state’s high court...
View ArticleOn Foreclosure Fraud, Bondi Comes Up Short
On foreclosure fraud, Bondi comes up short All of America is suffering. But five states have been hit particularly hard by foreclosures — and foreclosure fraud. In four of those five states, attorneys...
View ArticleFannie, Freddie Set New Timelines for Short Sales to Help Add Transparency,...
Freddie Mac Sets New Timelines for Short Sales to Help Add Transparency, Expedite Decisions Servicers to Provide Weekly Updates When Decisions Take More Than 30 Days MCLEAN, Va., April 17, 2012...
View ArticleSecuritization Fail-Litigation Update
The wheels of litigation move slowly, but there are a couple of recent securitization fail litigation decisions that are worthy of note. First, in the Congress case, a wrongful foreclosure action in...
View ArticleFHFA Announces New Streamlined Short Sale Guidelines to Prevent Foreclosures...
FHFA Announces New Standard Short Sale Guidelines for Fannie Mae and Freddie Mac; Programs Aligned to Expedite Assistance to Borrowers Washington, DC – The Federal Housing Finance Agency (FHFA) today...
View ArticleOutrageous | The Short Sale Scam: Most Going to Non-Recourse States that Bar...
“But here’s the key point: 12 states are “non-recourse states.” In these states, the bank is prohibited from going after a foreclosure victim for the balance of the mortgage post-foreclosure sale.” ~...
View Article
More Pages to Explore .....